$ADA
Immediate trading plan monitoring the breakout above $0.83
ADA has recovered from the support at $0.69 and is now consolidating under the resistance area at $0.83. A decisive breakout could push the price towards $0.86 - $0.93, while failure to stay above $0.78 could lead to a deeper pullback.
Trading plan:
Type: Immediate – Long (Buy)
Entry area: $0.785 – $0.800
Stop loss: $0.765 (below the last support)
Take profit targets:
TP1: $0.833
TP2: $0.856
TP3: $0.930
⚠ Risk management:
Take partial profits at each TP level.
After TP1, move the stop loss to the entry to secure capital.
Close early if the daily candle closes below $0.765.
📈 Market trend: Bullish above $0.78, but momentum weakens below $0.765